211 S 45TH Street Philadelphia, PA 19104
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Features for 211 S 45TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Appliances
- Dryer, Washer
- Standard status
- Active
- Size
- 2,474 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8831
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1935
- Number of units
- 3
- Building materials
- Masonry
- Architectural style
- Other
Listing agent Nadia T Bilynsky License #RS311101 (215) 413-4900
Listing office Mallin Panchelli Nadel Realty Inc 1601 Walnut Street unit: 900, Philadelphia, PA (215) 413-4900
Listing date Jul 2, 2026
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Investment Insights
Based on property information with market context.
Located in the Spruce Hill section of University City in Philadelphia. The seller indicates they own additional properties in the direct vicinity and may sell this property as part of a package. The seller also notes having a rental license for two units, and the property consists of three units.
As an investment, the property is currently reported with $63,300 in gross rental income per year.
Key Highlights
- 3‑unit masonry investment property built in 1935 with (2) 2 bed/1 bath units and (1) 3 bed/2 bath unit
- All units are self‑contained with in‑unit washer and dryer; forced‑air heat and central A/C
- Current gross rental income of $63,300 per year
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $63.8k | $25.80 |
| − Vacancy | −$3.5k | −$1.42 |
| EGI | $60.3k | $24.38 |
| − OpEx | −$18.1k | −$7.31 |
| NOI | $42.2k | $17.06 |
